MEXICO CITY (AP) _ Grupo Televisa SAB (TV) on Thursday reported fourth-quarter earnings of $178.8 million.

The Mexico City-based company said it had net income of 32 cents per share.

The media company posted revenue of $1.35 billion in the period.

For the year, the company reported a loss of $41.8 million, or 7 cents per share, swinging to a loss in the period. Revenue was reported as $4.57 billion.

Grupo Televisa shares have dropped roughly 2% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $8.11, a decrease of 28% in the last 12 months.

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